Michael Saylor says Strategy remains focused on growing Bitcoin per share

Michael Saylor says Strategy remains focused on growing Bitcoin per share

Saylor reiterated that Strategy aims to increase total Bitcoin holdings and Bitcoin per share, and posted a chart on X that suggested another potential purchase without confirming any transaction.

BTC

Summary

Michael Saylor said Strategy remains committed to increasing both its total Bitcoin holdings and Bitcoin per share, pushing back on rumors that suggested a change in the company’s approach. He also posted a chart on X on the 7th showing the timing and size of Strategy’s past Bitcoin purchases as orange dots, a move that suggested the BTC treasury company could be preparing another buy, though he did not confirm any transaction or provide details on timing or size. Investor concern around Strategy’s Bitcoin exposure has previously included speculation about margin-call risk, but reports have said the company’s debt structure is designed to reduce the likelihood of forced liquidation even as prolonged Bitcoin volatility could still pressure the balance sheet.

Terms & Concepts
  • Bitcoin per share: A measure of how much Bitcoin exposure is attributable to each outstanding company share.
  • BTC treasury company: A company that holds Bitcoin as a core treasury asset and may build strategy around accumulating it.
  • forced liquidation: The sale of assets triggered when collateral or debt conditions are no longer met.